Hertz 2010 Annual Report Download - page 162

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SCHEDULE I (Continued)
HERTZ GLOBAL HOLDINGS, INC.
PARENT COMPANY STATEMENTS OF OPERATIONS
(In Thousands of Dollars)
Years ended December 31,
2010 2009 2008
Revenues ...................................... $ — $ — $ —
Expenses:
Selling, general and administrative ................... 70 144 (8)
Interest expense, net of interest income ............... 46,888 26,610 (580)
Total expenses (income) ........................ 46,958 26,754 (588)
Other income ................................... 23,000 — —
Income (loss) before income taxes .................... (23,958) (26,754) 588
(Provision) benefit for taxes on income ................. 16,660 11,267 (809)
Equity in losses of subsidiaries, net of tax ............... (17,746) (110,535) (1,206,525)
Net loss ....................................... $(25,044) $(126,022) $(1,206,746)
The accompanying notes are an integral part of these financial statements.
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